“The entire IT sector remains "very, very expensive" and "not attractive" in his opinion, with valuations stretched on a PEG ratio basis. He suggests that current margins and currency gains are masking a lack of meaningful fundamental revenue growth.”
Sandip Agarwal’s track record: 5 graded calls · 95% CI 12–77%
Nifty ITBearishCalled 13 Jan 2026Graded 19 Jul 2026
Nifty IT declined from ₹37822.70 to ₹29042.55, a significant drop of -23.21% in 60 days.
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